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Good news I hope. Try the last few RNS’s in December for info.

Some crafty buying ahead of year end has edged the share price toward 70p. I believe there are several drivers that could see further price appreciation: - Growth in turnover from existing business; - Potential for new products to be taken on by Tier 1 banks; - Marketing efforts in Asia - Continued tight cost control - Continuing positive cash flows - Dividend increase - Possible M&A in the right circumstances I look forward to hearing about progress in the next update.

Teach49, the name of the company being acquired has not been revealed. It’s simply referred to as “target”. I’m sure it will soon be completed and then we will know.

Crl, don't forget there is a chap called Jeffries accumulating. Who is to say the 1/2 million might be more of his adding?

Continuing from previous post: All of the above brands will be served by Wey Education’s new Online Platform. This was developed to be SCALABLE and RESILIENT. It will be able to serve all user groups (students/teachers/parents/administrators, etc) via secure logins relevant to each type. I am not an IT expert at all so the next bit is formed of basic scraps I picked up. Perhaps others can enlarge on what they understood. It appears that the IT infrastructure is based around world-leading software structures acting in unison with each other. The following names were highlighted: Microsoft, Canvas LMS, iSams, Adobe Connect. These are already in use by universities so are fully proven platforms to “Enable Education in the Cloud”. The schools will offer personalised learning, augmentative learning and flexible learning. Physical schools today are regularly over-budget and there are crises everywhere with even talk of some authorities having to consider 4 day weeks on grounds of cost. Reasons why Wey Education’s online learning services are attractive: Sports playing children, for example training away in other countries (eg tennis players), can continue to receive a full education around their sport commitments. Executives who travel and move around can ensure their children do not lose continuity in education and their friends. Mums.Net, a leading portal for busy mothers is a known supporter of InterHigh. Flexibility of products means that physical schools can still buy blocks of online education or specific subjects (eg, Further Mathematics) where the school has no access to the right qualified teacher on site. Finally, on international expansion, Wey Education sees huge markets opening up in China and Africa where there is a strong appetite for internet learning due to a lack of physical infrastructure at home as well as the substantial kudos and privileges that can be attained via an English educational qualification. That sums up my notes of what was said. The talk was far more detailed with videos and slides but I hope this gives a flavour of what we were shown. The Chairman, Mr Massie, was in a bullish mood about how big Wey Education and the industry of online schools and learning can and will become. Crucially, this is NOT distance learning. This is live interaction and a real school experience for children and parents alike. It is new and in its infancy and, as investors, we believe it will grow furiously in time.

At the Investor Evening on 19th July (which coincidentally marked the beginning of the latest up wave in the share price), information about the company's business philosophies and plans were presented. I will attempt to reduce my notes of this to bullet points. All errors or misunderstandings are entirely mine and do not necessarily reflect what was said or intended to be conveyed by the company. These are my recollections only: Let us begin: Wey Education is developing a portfolio of online education brands, branching out rapidly from the original InterHigh online school. InterHigh hTTp://www.interhigh.co.uk/ The original online school that was started by Paul and Jacqui Daniells in 2005. They saw a space in the market which could be captured by nascent internet technology. In 2015, Wey Education was used to reverse this business into an AIM quoted stock. The focus of InterHigh is “Progress” at all levels of ability. The only online school featured in the “Good Schools Guide”. Students have attended from all seven continents (ie, including Antartica!). Over 500 live lessons a week are given. Approved examination centre, by likes of Cambridge, EdExcel and others. Infinity Education hTTp://www.infinityeducation.org.uk/ The focus of Infinity Education is “Academic outcomes” on a selective basis. Serves students’ aspirations to gain access to the top universities and colleges worldwide (eg Cambridge, MIT, etc). Focus on life beyond school. Registered with UCAS. Advise students about what to expect from and how to prepare for admission interviews at the major institutions of learning. Advise students about the type of courses that are relevant to their own career aspirations or interests. Wey ecademy hTTp://www.weyecademy.com/ The focus of Wey ecademy is “Alternative provisions”. Attract local authorities or schools with students that require alternative methods of schooling, perhaps because of bullying, a handicap, expulsion or disengagement. Expected to appeal to the State sector. Quoralexis hTTp://uk.advfn.com/stock-market/london/wey-education-WEY/share-news/Wey-Education-PLC-New-Online-Language-School-and-I/75135302 Long term aim of being a full language teaching facility. Initially launching in the “English as a Foreign Language” (EFL) sector in September.

Fascinating to note that, since the investor meeting on 19th July, the share price has had 10 consecutive up days, totalling a 50% overall gain in that time (13.5p to 20p). Yet nothing new was revealed there, merely a recap and collation of the new initiatives previously announced. What it did do, for those attending at least, was highlight the potential markets for this UK leader in the field.

I did a quick track back through the RNS'd contract wins of the last two years during a quiet moment at Christmas (sad I know). I estimate that, from the July 16 to Dec 16 announcements in isolation, there are around £10m of orders attributable to 2017 alone, not counting what was added to the back end of 2016 and from 2018-19. Assuming, they can maintain that kind of new order rate in 2017, a re-rating was in the bag really. That's what caused me to pile in at 18p to 20p immediately after the £6m GWR order was announced in October. I just hope they start paying dividends from the 2017 finals in March. Naturally, they will need to re-invest cash in IP development as well as potential acquisitions, but they should have enough for an initial 2% yielding dividend perhaps? (NB, These are all speculations on my part, I hasten to add, so DYOR!)

96k just gone through at 27p.

All small (and not so small) successful British companies in niche industries are at the mercy of overseas predators while the currency is weak (albeit the Euro is starting to be the weak link from here on). Alston is maybe taking advantage of this. Dollar companies will especially be on the hunt for European bargains (in FX terms)

As you say, Rivaldo, the wording in the RNS offers scope: "....Under the terms of the contract Petards will continue to perform Post Design Services, with additional engineering, repair, refurbishment and manufacturing which are expected to significantly enhance the value of the agreement. Commenting on the award, Petards Chairman Raschid Abdullah said; "Having provided these services to the Ministry of Defence for many years it is pleasing they have renewed the contract at increased scope and value for a further three years while maintaining the option to extend for a further two."" I wonder which party has the option to extend the contract? What I would like to see going forward are: - Contract win on the East Anglian railway (Bombadier/Abellio) - Final results showing profits that are not too inflated by capitalised development costs - Commencement of dividends Good year for order book build anyway. Not sure how 2016 will pan out but the future looks bright!

Been posting on another site but I will repeat here a bit of speculation on my part: Given that the purpose of the share capital reduction in 2014 was to open the way to future dividends, one can imagine that an initial dividend of,say, 0.5p per share could just be in the offing with the finals to be announced in March 17? That would cost around £175k out of distributable reserves of circa £4M and give an initial divi yield of 2.5% at current prices. I can imagine that would light a fire under the share also. It does assume growth stokes between now and then and bear in mind the directors said they will not start dividends until they feel it is prudent to do so. Hopefully, more material contracts to come between now and then and it could become reality. Disclosure: I hold a few of these shares!

I wonder about this assumption of production costs at $70+. Tim Leach, CEO of Concho Resources Inc was just on CNBC, talking Permian Basin. He said they produce oil at around $20 per barrel (yes, $20) and are comfortable with cash coming in and a strong balance sheet. Most interestingly, when asked about business with oil at less than $80 on the market, he said this is now a time of consolidation. He was asked what this meant and he said "bigger guys buying smaller ones".